Posted on 06/10/2015 4:47:13 PM PDT by Oldeconomybuyer
Many Obamacare customers could be looking at surprisingly large price increases next year—if insurers get their wishes.
Health insurance premiums for individual plans in major U.S. cities would rise by an average of 12 percent in 2016 if the newly proposed prices are approved, a new analysis finds.
And prices would increase even more—14 percent on average—for people enrolled in the most popular type of Obamacare plans, known as "silver" plans, the HealthPocket study reveals.
Customers insured in health maintenance organization (HMO) and exclusive provider organization (EPO) plans—which as a rule don't cover treatment from providers outside of their networks—would be facing average increases that are higher still—20 percent for HMO plans and 18 percent for EPO plans.
"Given the rate of general inflation in the country, and the economic situation, the rate increases were surprising to us," said Kev Coleman, head of research and data at HealthPocket, a health-plan comparison tech company.
"I was expecting somewhere between the 6 to 8 percent range," said Coleman, whose company looked at proposed rates in and around the largest cities in 45 states for a 40-year-old nonsmoker.
(Excerpt) Read more at cnbc.com ...
And yet none of this is for heathcare which is now
bogged down by delays, fewer docs,
no definitive treatments, simple antibiotics
now costing $1800 and preauthorizations.
Unexpected!
Wow who saw this coming? Well we FREEPERS did...amen
Freegards
LEX
Can you spell u-ne-x-p-e-c-t-e-d? Good!
why are they expecting 6 to 8 per cent increase when inflation is “virtually zero”. Shouldn’t they be saying, they expect zero price increase because inflation is zero
Unless they know their inflation numbers are under reporting the true rate of inflation
On top of 0 inflation, we should all be saving $2500 a year.
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